Ares Commercial Real Estate (ACRE)
(Real Time Quote from BATS)
$6.90 USD
+0.15 (2.22%)
Updated Aug 7, 2024 09:38 AM ET
3-Hold of 5 3
D Value F Growth A Momentum D VGM
Ares Commercial Real Estate (ACRE) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$7.70 | $10.50 | $6.50 | 14.07% |
Price Target
Based on short-term price targets offered by five analysts, the average price target for Ares Commercial Real Estate comes to $7.70. The forecasts range from a low of $6.50 to a high of $10.50. The average price target represents an increase of 14.07% from the last closing price of $6.75.
Analyst Price Targets (5 )
Broker Rating
Ares Commercial Real Estate currently has an average brokerage recommendation (ABR) of 3.13 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by eight brokerage firms. The current ABR compares to an ABR of 3.13 a month ago based on eight recommendations.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 0 | 0 | 0 | 0 | 0 |
Buy | 0 | 0 | 0 | 0 | 0 |
Hold | 7 | 7 | 7 | 7 | 7 |
Sell | 1 | 1 | 1 | 1 | 1 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
ABR | 3.13 | 3.13 | 3.13 | 3.13 | 3.13 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
7/19/2024 | BTIG | Thomas W Catherwood | Not Available | Hold |
5/9/2024 | Wells Fargo Securities | Donald Fandetti | Hold | Hold |
4/10/2024 | Keefe Bruyette & Woods | Jade J Rahmani | Hold | Hold |
2/23/2024 | Raymond James | Stephen Laws | Hold | Hold |
12/6/2023 | UBS | Douglas Harter | Not Available | Hold |
12/5/2023 | JMP Securities | Steven C Delaney | Strong Buy | Hold |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 3.13 |
ABR (Last week) | 3.13 |
# of Recs in ABR | 8 |
Average Target Price | $7.70 |
LT Growth Rate | NA |
Industry | REIT and Equity Trust |
Industry Rank by ABR | 50 of 253 |
Current Quarter EPS Est: | 0.09 |